2020 W Orangewood Avenue, Phoenix, AZ 85021

Phoenix
Local realty services provided by:Success Property Brokers ERA Powered
2020 W Orangewood Avenue,Phoenix, AZ 85021
$3,895,000
  • 28 Beds
  • 41 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: bradley skenderian, kyle inman
Office: matthews of arizona
MLS#:7004263
Source:ARMLS

Price summary

  • Price:$3,895,000

About this home

The Mojave is a 27-unit, garden-style multifamily community located in Phoenix, AZ. Originally constructed in 1986 and extensively renovated in 2022, current and previous ownership has invested over $680,000 in capex into the property including a full interior renovation package on all 27 units (all with washer/dryer), new roof, asphalt replacement, upgraded landscaping, exterior painting and fencing, more. Even with significant capital improvements made over the past 5 years, new ownership can capture immediate upside by replacing the grass area with artificial turf, which will generate an estimated $5,000 to $10,000 in annual expense savings. This is a compelling opportunity for investors seeing a true turnkey, cash flowing asset with additional upside potential.

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Home facts

  • Year built:1986
  • Subdivision & Development:TERRA BELLA
  • Listing ID #:7004263
  • Updated:November 11, 2026 at 04:31 PM

Rooms and interior

  • Bedrooms:28
  • Total bathrooms:41
  • Flooring:Vinyl

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1986
  • Construction Materials:Painted, Stucco

Utilities

  • Water:City Franchise, Master Meter

Finances and disclosures

  • Price:$3,895,000
  • Tax amount:$5,371 (2025)

Parking

  • Total parking spaces:27
  • Parking description:1 Parking Space/Unit, Paved
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Byron Short

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